A again in the throes of a debt-ceiling crisis.

Source: https://biztoc.com/x/32b0101c775a0465?ref=ff

For Democrats to keep away from a repeat of this experience, they need to change their debt-ceiling methodology in future years.

Source: https://www.mccourier.com/the-house-passed-the-debt-limit-bill-who-won/

“In our view, the concern remains that equities will be slow to price the risk of a contested debt-ceiling rise and rising probabilities of technical…

Source: https://biztoc.com/x/be8886076a184910?ref=ff

McCarthy, for his part, said Biden needed to be willing to make concessions to get a debt-ceiling hike though Congress, saying it would be "irresponsible" not to negotiate.

Source: https://gazette.com/news/us-world/biden-mccarthy-debt-ceiling-talks-to-set-tone-for-divided-washington-rule/article_fb2a2118-f62d-5b60-8acc-ccacd2a7312f.html

The Republican House-passed debt-ceiling measure does specifically mandate one significant cut, as Rep. Rosa DeLauro, D-Conn., the House Appropriations Committee’s top Democrat, pointed out.

Source: https://japantoday.com/category/world/mccarthy-says-debt-limit-call-with-biden-was-%27productive-%27-talks-will-resume-sunday-leaders-to-meet-in-person-monday

This represents only the second time in U.S. history that a ratings agency has taken this action, the first time being when Standard & Poor’s lowered its rating in response to the government’s handling of the 2011 debt-ceiling crisis.

Source: https://www.etftrends.com/etf-building-blocks-channel/ripple-effects-americas-new-credit-rating/